Is North Caldwell, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Caldwell was a Seller's Market.
Housing Prices in North Caldwell, NJ
How much do homes in North Caldwell, NJ cost?
Median Sold Price
$860,000
-
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $436K | - | N/A |
2 Bedrooms | $709K | $750K | +5.8% |
3 Bedrooms | $667.5K | $755K | +13.1% |
4 Bedrooms | $935K | $942.5K | +0.8% |
5+ Bedrooms | $1.3M | $1.2M | -11.1% |
Summary: North Caldwell housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 11.1%.
Median Sold Price Compared To Nearby Cities
Verona Township | $595K | $658K | +10.6% |
Verona | $595K | $658K | +10.6% |
Cedar Grove | $640K | $675K | +5.5% |
Cedar Grove Township | $645K | $675K | +4.7% |
North Caldwell | $912.5K | $860K | -5.8% |
Housing Supply in North Caldwell, NJ
How many homes are available in North Caldwell, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 27 | +35.0% |
Summary: The North Caldwell real estate market had 27 homes for sale in April 2024, a 35.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The North Caldwell housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North Caldwell in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for North Caldwell, NJ
We’re sorry, we don't have information for this market at the moment